Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #281  
Old 17.10.2016, 22:57
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 9,457
Groaned at 390 Times in 338 Posts
Thanked 16,605 Times in 8,997 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
brits should probably do what the ukrainians did and buy all their durable goods now (fridges, cars, washing machines) before inflation hits then hunker down for the next decade...
True
decade
Reply With Quote
  #282  
Old 17.10.2016, 23:30
Blueangel's Avatar
Forum Legend
 
Join Date: Nov 2015
Location: Küsnacht, Switzerland
Posts: 3,811
Groaned at 100 Times in 93 Posts
Thanked 10,379 Times in 4,605 Posts
Blueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
is it really the lowest? i thought the flash crash brought it down to 1.18?
It went to USD 1.09 today.

It was on 'The Wright Stuff' last week that a currency exchange desk at Heathrow was selling GBP 1 = USD 0.97 and buying at GBP 1 = USD 1.30.
Reply With Quote
  #283  
Old 18.10.2016, 11:20
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 18,695
Groaned at 356 Times in 285 Posts
Thanked 18,405 Times in 9,932 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
It went to USD 1.09 today.

It was on 'The Wright Stuff' last week that a currency exchange desk at Heathrow was selling GBP 1 = USD 0.97 and buying at GBP 1 = USD 1.30.
I think your mistaken, I don't see it falling to anything near those levels.

Airport currency desks always have absurd spreads, just pay on credit card & let your bank do the f/X the POS exchange rate offered is usually worse.


Sent from my iPad using Tapatalk HD
Reply With Quote
  #284  
Old 18.10.2016, 11:23
baboon's Avatar
Forum Legend
 
Join Date: Apr 2007
Location: Rheintal
Posts: 3,873
Groaned at 146 Times in 129 Posts
Thanked 6,634 Times in 3,080 Posts
baboon has a reputation beyond reputebaboon has a reputation beyond reputebaboon has a reputation beyond reputebaboon has a reputation beyond reputebaboon has a reputation beyond reputebaboon has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
It went to USD 1.09 today.

It was on 'The Wright Stuff' last week that a currency exchange desk at Heathrow was selling GBP 1 = USD 0.97 and buying at GBP 1 = USD 1.30.
Think that might have been the Euro...
Reply With Quote
  #285  
Old 16.03.2020, 16:55
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

I know many of you will delight in the news-

but today the Sterling rate has fallen at its lowest ever against the chf.

1 £ = 1.17

we did have 1.18 a couple of years back- but never fallen below that. Ah well there is nought we can do. Time to plough the field to grow more veg and get some chickens and a few lambs - perhaps.
Reply With Quote
  #286  
Old 16.03.2020, 16:57
V__'s Avatar
V__ V__ is offline
Forum Veteran
 
Join Date: Aug 2010
Location: Lausanne
Posts: 1,214
Groaned at 214 Times in 130 Posts
Thanked 1,173 Times in 569 Posts
V__ has a reputation beyond reputeV__ has a reputation beyond reputeV__ has a reputation beyond reputeV__ has a reputation beyond reputeV__ has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
I know many of you will delight in the news-

but today the Sterling rate has fallen at its lowest ever against the chf.

1 £ = 1.17

we did have 1.18 a couple of years back- but never fallen below that. Ah well there is nought we can do. Time to plough the field to grow more veg and get some chickens and a few lambs - perhaps.
Brexit will fix it
Reply With Quote
  #287  
Old 16.03.2020, 17:07
roegner's Avatar
Moderately Dutch
 
Join Date: May 2011
Location: Zurich
Posts: 10,250
Groaned at 346 Times in 288 Posts
Thanked 12,091 Times in 5,855 Posts
roegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Thanks for the tip Odile, I realize it is not good news for you, for my holiday planning it is. If things have calmed down by then.....
Reply With Quote
This user would like to thank roegner for this useful post:
  #288  
Old 16.03.2020, 17:25
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 9,457
Groaned at 390 Times in 338 Posts
Thanked 16,605 Times in 8,997 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
I know many of you will delight in the news-

but today the Sterling rate has fallen at its lowest ever against the chf.

1 £ = 1.17

we did have 1.18 a couple of years back- but never fallen below that. Ah well there is nought we can do. Time to plough the field to grow more veg and get some chickens and a few lambs - perhaps.
Probably the ECB and Swiss Federal bank will follow the US Fed with rate cuts and the £ will pick up again.
Reply With Quote
  #289  
Old 16.03.2020, 17:27
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Apparently it was even lower earlier at just over 1.15
Reply With Quote
  #290  
Old 16.03.2020, 18:44
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 387
Groaned at 18 Times in 15 Posts
Thanked 122 Times in 109 Posts
wantone has no particular reputation at present
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

GBP is getting creamed. The UK elites don't give a damn about the pound.
Reply With Quote
  #291  
Old 16.03.2020, 20:57
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 13,830
Groaned at 271 Times in 177 Posts
Thanked 16,946 Times in 7,170 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
I am making a living by working for a company here locally that helps doing stuff right and fast whenever the new low cost IT in India screwed up. I do not see low cost countries as a competition or threat, digitalization is since the stuff is simply getting smarter and there is less work to do in order to achieve the same result.
yup. i expect a lot of the low cost stuff to be automated away.
Reply With Quote
  #292  
Old 16.03.2020, 21:24
PanFastic's Avatar
Senior Member
 
Join Date: Nov 2013
Location: Zug
Posts: 421
Groaned at 8 Times in 5 Posts
Thanked 348 Times in 162 Posts
PanFastic has an excellent reputationPanFastic has an excellent reputationPanFastic has an excellent reputationPanFastic has an excellent reputation
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
Brexit will fix it
I miss BREXIT!!!
Reply With Quote
  #293  
Old 18.03.2020, 12:53
grumpygrapefruit's Avatar
Forum Legend
 
Join Date: Feb 2007
Location: Zuriwest
Posts: 6,278
Groaned at 38 Times in 37 Posts
Thanked 16,675 Times in 4,362 Posts
grumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
Apparently it was even lower earlier at just over 1.15
Down to 1.142 now. Time to pay some UK invoices.
Reply With Quote
  #294  
Old 18.03.2020, 13:00
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 18,695
Groaned at 356 Times in 285 Posts
Thanked 18,405 Times in 9,932 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
GBP is getting creamed. The UK elites don't give a damn about the pound.
They are looking to promote exports & don't hold much cash so have no reason to artificially pump up the value of the £, in Euros it's still above late summer lows.
Reply With Quote
  #295  
Old 18.03.2020, 13:48
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Was planning to open my new business when £ got below 1.18 - but there is no point now as people can't travel. Selling my car and getting in touch with a few farmers to plough up one of the fields to grow veg, and start keeping chickens again. Would love to have some sheep - but not sure that could ever work. They would become pets and then ... ah well. Got to laugh ...honestly, beyond worrying and stressing now, che sera, sera.

Got a place to go back to in the UK- but at the moment, NO WAY JOSE.

Last edited by Odile; 18.03.2020 at 14:03.
Reply With Quote
This user would like to thank for this useful post:
  #296  
Old 18.03.2020, 20:59
Halfasleep's Avatar
Senior Member
 
Join Date: Jan 2009
Location: Zzzzug
Posts: 292
Groaned at 8 Times in 7 Posts
Thanked 154 Times in 80 Posts
Halfasleep has earned some respectHalfasleep has earned some respect
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

1GBP =1.119CHF

where is the bottom? 1-1? long now or wait decision decisions
Reply With Quote
  #297  
Old 18.03.2020, 21:15
curley's Avatar
Forum Legend
 
Join Date: Oct 2006
Location: canton ZH
Posts: 11,370
Groaned at 183 Times in 151 Posts
Thanked 12,752 Times in 6,677 Posts
curley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
1GBP =1.119CHF

where is the bottom? 1-1? long now or wait decision decisions
Hmmm, will grumpy drop the prices?
Reply With Quote
  #298  
Old 18.03.2020, 23:00
Forum Legend
 
Join Date: Apr 2008
Location: Zurich
Posts: 3,492
Groaned at 62 Times in 42 Posts
Thanked 3,617 Times in 1,969 Posts
rainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
1GBP =1.119CHF

where is the bottom? 1-1? long now or wait decision decisions
If people knew where the bottom was, would there be those ridiculous fluctuations in stock and fx values?

Likely, there's no bottom.

BTW: SNB has their regular monthly monetary policy assessment tomorrow.
That will be interesting.
Reply With Quote
  #299  
Old 19.03.2020, 05:12
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 387
Groaned at 18 Times in 15 Posts
Thanked 122 Times in 109 Posts
wantone has no particular reputation at present
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
They are looking to promote exports & don't hold much cash so have no reason to artificially pump up the value of the £, in Euros it's still above late summer lows.
who is not holding GBP? the UK elites? It could be true but it is immoral to sabotage your own currency (because most average people will be worse off) for personal gain.
Reply With Quote
  #300  
Old 19.03.2020, 08:31
22 yards's Avatar
Only in moderation
 
Join Date: Jul 2009
Location: Basel-Land
Posts: 8,754
Groaned at 257 Times in 210 Posts
Thanked 17,661 Times in 7,175 Posts
22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
who is not holding GBP? the UK elites? It could be true but it is immoral to sabotage your own currency (because most average people will be worse off) for personal gain.
Fortunately, politicians and titans of business are renowned for their strong moral compasses.
Reply With Quote
The following 3 users would like to thank 22 yards for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Sterling to CHF Exchange Rate Deep Purple Finance/banking/taxation 258 25.02.2016 00:51
Fixing my CHF-GBP exchange rate Enohzee Finance/banking/taxation 10 21.01.2016 21:10
Rip-off CHF/EUR exchange rate at UBS fabio Finance/banking/taxation 19 09.04.2010 17:21
Exchange to euros: is now the best moment? espinchi Finance/banking/taxation 15 29.10.2008 20:00
Exchange rate CHF - EUR: where is the best rate in Basel? jttraveller Finance/banking/taxation 3 02.07.2008 11:47


All times are GMT +2. The time now is 19:09.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0